The venture capital branch of Binance, the leading global cryptocurrency exchange, has made public its decision to invest in BounceBit, a Bitcoin-centric staking protocol. In a recent announcement on April 11, Yi He, the co-founder of Binance and head of Binance Labs, explained how BounceBit aims to bring together the best elements of centralized finance … Read more
In episode X of “Hashing It Out” by CryptoMoon’s podcast, Elisha Owusu Akyaw, the host, talks with Micah Yeackley, the co-founder of Kula DAO. They discuss the potential of real-world asset (RWA) tokenization in the Web3 realm during their conversation. Micah shares insights on how this sector could impact developing markets. The episode explores other … Read more
This year, XRP (XRP) has underperformed Bitcoin (BTC) in price growth, with a decrease of approximately 2.5% compared to Bitcoin’s impressive 60% increase as of the current period. Consequently, the value of one Bitcoin in terms of XRP has dropped by around 40%. Before Bitcoin’s halving in 2024, the Bitcoin price was displaying indications of … Read more
Based on data from Checkout.com’s study, over 15,000 businesses globally accepted Bitcoin payments by the year 2023. With the growing trend of businesses adopting cryptocurrencies, various governments and tax agencies have become increasingly aware. At present, most nations mandate reporting of crypto income and payment of taxes on them. Despite the intricacy and perplexity that … Read more
Kraken cryptocurrency exchange has declared it will no longer provide Monero (XMR), the privacy token, to users residing in Ireland and Belgium. Kraken announced that they would stop XMR trading and new deposits starting from May 10. They also warned that open margin trading positions for XMR needed to be closed prior to this date. … Read more
ESMA has pointed out that crypto trading is heavily dominated by a few players, which could lead to significant risks for the entire financial market infrastructure. On April 10, a new report was made public. This occurs as the European Union (EU) readies itself to enforce MiCA, an extensive regulatory structure intended for cryptocurrencies – … Read more